Question

Ramesh sold two articles at rupees 375 each on one he gains 25% and on the other He losses 25% find his gain % or loss percent in the whole transaction

Answer 1

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Answer 2

Solution :-

We have,

Selling price of two articles is Rs 375 each.

Cost Price of one article at 25% gain :

C.P = (S.P × 100)/(100 + gain)

= (375 × 100)/(100 + 25)

= 37500/125

= 300

Cost price of other article at 25% loss :

C.P = (S.P × 100)/(100 - loss)

= (375 × 100)/(100 - 25)

= 37500/75

= 500

Now,

Cost Price of two articles = Rs (300 + 500) = Rs 800

Selling price of two articles = Rs (375 + 375) = Rs 750

Cost Price > Selling price

Loss = C.P - S.P

= Rs (800 - 750)

= Rs 50

Loss % = (loss × 100)/C.P %

= (50 × 100)/800 %

= 5000/800 %

= 6.25%

Answer : The loss percent in the whole transaction = 6.25%